Yesterday, Spark Power celebrated a significant milestone in the growth of the company by opening the market at the Toronto Stock Exchange (TSX). The company’s co-founders Jason Sparaga, Andrew Clark, and Eric Waxman were joined by members of the Board and company leadership at the TSX in downtown Toronto. The company began trading on the TSX on September 5, 2018.
Spark Power was formed in 2009 to capitalize on emerging opportunities in renewable power, and since then has rapidly grown into a provider of specialized, technician-based electrical power services and solutions across North America. Read more about our story here.
Historically, Spark Power has grown through a combination of acquisitions and organic growth. When the company began thinking about how to fund the next phase of growth, a range of options came under consideration. Ultimately it was decided that the public market was the right path. Listing on the TSX positions Spark Power to access capital markets and take advantage of opportunities presented by the rapidly changing power ecosystem.
“We are at the forefront of a period of prolonged disruption in the power space, where the ways in which power is generated, stored and shared is changing fundamentally. As team, we have the chance to build something truly special, and we remain excited and energized by the incredible opportunities before us,” commented Jason Sparaga, Co-founder and Co-CEO, Spark Power.”
“Getting to this moment involved the hard work of Spark Power employees, board members and the commitment of the company’s leadership team,” said Andrew Clark, Co-founder and Co-CEO, Spark Power. “It’s an exciting time to be part of this industry and—in this next phase of growth—we look forward to playing a key role in creating the Future of Power.”
Learn more about Spark Power’s Solutions: https://sparkpower.ca/solutions/
Learn more about Spark Power’s Board of Directors: https://sparkpower.ca/2018/09/spark-power-announces-board-of-directors/